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O-LevelCommerceBusiness enterprise7100/12 · Oct/Nov 2016 · Q361 Mark

What is a feature of a private limited company?

Aaccounts must be made public
Bbusiness can be started immediately after registration
Cshares are freely transferable
Dshares are sold on the Stock Exchange

✓ Correct answer

B: business can be started immediately after registration

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 2, question 36.

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